HSBC FY revenue $68.27B, est. $67.36B

HSBC FY revenue $68.27B, est. $67.36B

HSBC Reports FY Revenue of $68.27 Billion, Exceeding Estimates

Hong Kong and Shanghai Banking Corporation (HSBC) reported fiscal year (FY) 2025 revenue of $68.27 billion, surpassing the estimated $67.36 billion [HSBC FY 2025 Financial Results, February 24, 2026]. The results, released on February 24, 2026, reflect a 1.3% year-over-year increase in revenue, driven by improved performance in key business segments and geographic regions.

The bank attributed the outperformance to stronger-than-expected results in its retail banking and commercial banking divisions. Retail banking revenue rose 4.2% compared to the prior year, supported by higher interest income from loan growth in Asia and Latin America. Commercial banking revenue grew 2.8%, bolstered by increased transaction volumes in corporate and institutional client services [HSBC FY 2025 Financial Results, February 24, 2026].

Global markets and wealth and personal banking segments showed mixed results. Global markets revenue declined 1.1% due to lower fixed-income trading activity, while wealth and personal banking revenue remained stable, with growth in private banking offset by competitive pricing pressures in mass-affluent markets [HSBC FY 2025 Financial Results, February 24, 2026].

Geographically, HSBC’s Asian operations contributed the largest share of revenue growth, with net interest income rising 6.5% amid tighter monetary policy. European and U.S. operations faced challenges, including regulatory costs and subdued loan demand, but both regions reported modest revenue stabilization compared to 2024 [HSBC FY 2025 Financial Results, February 24, 2026].

The results mark HSBC’s first comprehensive financial update since its preliminary 2025 results in January 2026. While the bank did not provide updated earnings-per-share figures, the revenue beat suggests progress in its cost-reduction initiatives and strategic focus on high-growth markets.

Analysts noted that HSBC’s performance underscores resilience in its core markets but highlighted ongoing risks from global economic uncertainty and interest rate volatility. The bank has committed to maintaining its dividend payout ratio of 40–50% of annual profits, aligning with its long-term capital management framework [HSBC FY 2025 Financial Results, February 24, 2026].

[HSBC FY 2025 Financial Results, February 24, 2026]: HSBC FY 2025 Financial Results, February 24, 2026.